Accounting

Components Of The Income Statement

Components Of The Income Statement

A business’s operating income is calculated by subtracting its operating expenses from its gross profit. Both selling and administrative expense are added together for computing total operating expenses. And the Company’s Operating income is calculated by deducting these total operating expenses from the gross profit computed above in the first section. Since the company is not in the business of selling long-term assets, the amount received is not included in its operating revenues […]

Setting The Time Period For A Report

Setting The Time Period For A Report

The May 1-31, 2021 total only reflects plan selection activity since May 1 and counts consumers that were not actively enrolled as of April 30. The total number of calls received by the Marketplace call center, which supports HealthCare.gov, over the course of the reporting period. In this month’s report, CMS is also releasing data on the gender, race, and ethnicity of consumers enrolling during the SEP, as well as state-level data on the percentage of consumers newly selecting plans for […]

Comparable Store Sales

Comparable Store Sales

By using the same sale store concept or metric, management can analyze the performance of the store. By using this metric, management can analyze the growth of a store, whether the sale of the store has increased in comparison to the last period. Whether that store has attracted new customers or existing customers purchased more products. Also, management can identify the reason for the declined sales of a store. By using this metric, management would be able to make the decision to open a new […]

Disposition In Commercial Real Estate

Disposition In Commercial Real Estate

Get instant access to all of our current and past commercial real estate deals. Sign-up for deal-launch webinars, schedule one-on-one deal-preview calls, or just browse. While the fee simple sale of a property is the most common disposition strategy, it isn’t the only one.

However, it still remains valid that only registration in the Land Register is capable of transferring or creating real rights . Where a voluntary transfer is made, the conveyance itself must be made with the intent an […]

Explicit And Implicit Costs And Accounting And Economic Profit Article

Explicit And Implicit Costs And Accounting And Economic Profit Article

Because there are so many types of costs, some are easier to work out than others. Some implicit costs might not have a quantifiable monetary value. Because explicit costs represent a real expense in which payment is due, they’re commonly used in business accounting. When money’s tight, a small business owner might decide to forgo a formal salary until the business gets up and running. Total cost is what the firm pays for producing and selling its products. Recall that production in […]

Differential Cost In Accounting

Differential Cost In Accounting

In essence, you can line up the revenues and expenses from one decision next to similar information for the alternative decision, and the difference between all line items in the two columns is the differential cost. All variable costs are not part of the differential cost, and it is to be considered only on the case to case basis. Is needed for this cost as no actual transactions are undertaken, and this is the only evaluation of alternatives. Also, no accounting standards are there presently […]